Vancouver real estate continues to be one of the most talked-about markets in Canada, and for good reason. With property values still among the highest in the country, choosing the right neighbourhood has never been more important—especially for buyers looking to strike the right balance between lifestyle, long-term investment, and affordability.
Two of the city’s most desirable neighbourhoods—Kitsilano and Mount Pleasant—often top the list for young professionals, families, and investors. But how do they compare in 2025 when it comes to average home prices, liveability, growth potential, and overall value?
Let’s dive into the data, trends, and expert opinions to help you make an informed decision.
Average Home Prices in 2025: Kitsilano vs Mount Pleasant
According to MLS® Home Price Index (HPI) data from January to June 2025:
- Kitsilano (Detached Homes): $2.94 million (up 1.5% YoY)
- Mount Pleasant (Detached Homes): $2.26 million (up 3.2% YoY)
- Kitsilano (Condos): $890,000 (up 0.7% YoY)
- Mount Pleasant (Condos): $842,000 (up 2.8% YoY)
Key Insight: While Kitsilano still commands a higher price point overall, Mount Pleasant has shown stronger year-over-year growth in 2025, particularly in the condo segment.
“Mount Pleasant continues to outperform in appreciation due to demand from tech professionals and creatives who value walkability and community vibes,” says Angela Ma, PREC, Realtor at Oakwyn Realty. “Kitsilano, on the other hand, is holding its value thanks to its proximity to beaches and excellent schools.”
Why Buyers Choose Kitsilano
Kitsilano is synonymous with beachside living, heritage charm, and a tight-knit community. Located on Vancouver’s West Side, Kits is a dream for outdoor enthusiasts and those prioritizing lifestyle over density.
Benefits:
- Steps to Kits Beach, bike lanes, and seawall
- Home to top-ranked public schools like Kitsilano Secondary
- More detached homes with larger lots
Mistakes to Avoid:
- Overpaying for proximity to the beach without evaluating build quality
- Assuming all parts of Kits are quiet (West Broadway is getting denser)
Data to Watch:
- Inventory remains below 3 months of supply, making it a seller’s market
- Detached homes have seen only modest growth due to plateauing luxury demand
Why Buyers Flock to Mount Pleasant
Mount Pleasant, straddling East Vancouver and the Main Street corridor, is fast-growing, eclectic, and transit-connected. It appeals to a younger, urban demographic seeking community, walkability, and access to new developments.
Benefits:
- Near Broadway Subway Project (SkyTrain extension set to complete in 2026)
- Walkable to cafes, breweries, coworking spaces
- Rapidly appreciating mid-range condos and townhomes
Mistakes to Avoid:
- Confusing new high-rises with long-term value; some projects have low resale premiums
- Underestimating rising strata fees in newer builds
Data to Watch:
- Condo sales up 6.8% YoY, indicating strong first-time buyer interest
- Land assemblies in progress hint at future densification and mixed-use hubs
“Mount Pleasant is what Kitsilano was 20 years ago—authentic, rising, and community-focused,” notes Dexter Realty market analyst Darren Chang. “If you’re priced out of the West Side but still want strong upside, this is the place to watch.”
Read more: Exploring Kitsilano: A Vibrant Neighborhood Spotlight
Lifestyle Comparison: East vs West
| Feature | Kitsilano | Mount Pleasant |
|---|---|---|
| Average Detached Price | $2.94M | $2.26M |
| Average Condo Price | $890K | $842K |
| Commute to Downtown | 20 mins by bike | 10 mins by transit |
| Schools | Top-tier public schools | Arts-focused & family-friendly |
| Vibe | Laid-back, beachy, affluent | Hip, urban, diverse |
| Green Space | Beach, parks, Seawall | Guelph Park, Mt. Pleasant Park |
Expert Strategy: Which One is Right for You?
Choose Kitsilano if:
- You value quiet, upscale neighbourhoods
- You’re buying a long-term family home or looking to retire
- You prioritize school catchments and lot sizes
Choose Mount Pleasant if:
- You’re a young professional or investor seeking appreciation
- You want to be close to upcoming transit projects
- You value culture, nightlife, and development potential
Final Thoughts: Value Isn’t Just Price
While Kitsilano wins on prestige and proximity to the beach, Mount Pleasant leads in accessibility, vibrancy, and growth potential in 2025. Both neighbourhoods offer excellent long-term value, but your lifestyle, risk tolerance, and homeownership goals will determine the better fit.
To make the most informed decision, speak to a local Realtor who understands micro-market trends. Whether you’re drawn to ocean breezes or cultural energy, there’s a smart investment waiting on either side of Vancouver.
Sources:
- Real Estate Board of Greater Vancouver (REBGV), June 2025 Report
- MLS® Home Price Index
- Dexter Realty Vancouver Market Update
- Interview with Angela Ma, Oakwyn Realty (June 2025)
- TransLink Broadway Subway Extension Timeline
Written by Vancouver Home Hub — your guide to navigating the city’s evolving housing market with clarity, insight, and real data.
My name is Jay, a longtime Metro Vancouverite sharing local real estate tips and my own photos of the city’s homes and neighbourhoods here on Vancouver Home Hub. Hope you find my blog useful! Feel free to reach out anytime at vancouverhomehub@gmail.com if you have questions.
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